New: AMEX Membership Rewards Points to Pay at Bestbuy.com

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There’s a new way to use your American Express Membership Rewards points. But it’s NOT a good deal.

Blue from American Express® Note: These are the ONLY AMEX cards that earn Membership Rewards points that can NOT be transferred to airline & hotel programs. But you can use these points on the Membership Rewards website for other redemptions. Includes personal AND small business versions of the card.

Once your card is entered or selected, you’ll have an option to view your points balance.

Click “See Points Balance” to See How Many Points You Have Available

You’ll see the number of points in your card account, and have the option to pay for all or part of your purchase with points.

You Can Use Points to Pay for Your Entire Purchase, or Part of It

Your card will be charged for the full amount, and you’ll get a statement credit in ~2 days for the value of the points you redeem.

But your points are only worth ~0.7 cents each when used this way. That’s a terrible deal.

I Hope She’s Thinking of ALL the Better Ways to Use Her AMEX Membership Rewards Points!

Bottom Line

But this is NOT a good deal! Your points are only worth ~0.7 cents each when used this way. You’ll get more value by using points towards airfare at American Express Travel, for Uber rides, or for gift cards.

And the best way to use AMEX Membership Rewards points is to transfer them to airline and hotel partners for Big Travel!

What’s your favorite way to use American Express Membership Rewards points?

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Editorial Disclaimer: Neither the responses below nor the editorial content on this page are provided or commissioned by the bank advertisers, and have not been reviewed, approved or otherwise endorsed by the bank advertisers. Opinions expressed here are the author’s alone, not those of the bank advertisers. It is not the bank advertisers’ responsibility to ensure all posts and/or questions are answered.

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